thyssenkrupp Achieves Realistic Picture of the Market by Benchmarking

thyssenkrupp Presta Steering AG, a subsidiary of thyssenkrupp, is a manufacturer of steering systems worldwide as well as a leader of technology in the field of cold forging. With customers including VW, BMW, Mercedes, Ford, Audi and Porsche, it’s no wonder that every 4th car worldwide operates with a Presta steering system.

The Challenge

On average, the entire thyssenkrupp entity ships about 50,000 TEUs annually from all around the world.

Main shipping lanes are Europe to and from China, Latin America and NAFTA countries (US, Canada and Mexico).

To ensure thyssenkrupp Presta Steering was receiving the best possible rates, it needed a tool for benchmark purposes.

The company had been using a 3PL but the decision was made for a more neutral, transparent solution